Junior miners tap market for $24 million

Perth-based exploration juniors Jacka Resources, Excelsior Gold and MOD Resources have launched capital raising initiatives worth approximately $24 million collectively.

Ampella lines up $47m to boost coffers

Ampella Mining has raised $47 million to continue exploration and complete feasibility studies at its Burkina Faso gold projects.

PMI to raise $35m for Obotan

PMI Gold Corporation has entered a share purchase agreement with a syndicate of underwriters to raise $C35 million ($A32.8 million) to complete feasibility studies for its Obotan gold project in Ghana

Number crunchers put the pieces in place

OFTEN overlooked in the chest-thumping world of corporate finance are the accounting firms that perform many of the transactional elements of each deal.

Northern Star raises $45m, eyes acquisitions

Gold miner Northern Star Resources has raised $45 million to boost its balance sheet, saying it is now well-funded to pursue aggressive exploration at its Paulsens and Ashburton gold projects, and to

Catalyst invests in Bhagwan Marine

Geraldton company Bhagwan Marine is planning to expand its oil & gas services business after gaining financial backing from private equity group Catalyst Investment Managers.

STW's Cannings buys into Purple

Listed company STW Group has added to its Perth media and communications interests by purchasing a 49 per cent shareholding in public and investor relations firm Purple Communications.

Excelsior raises $4.5m

Excelsior Gold has completed a $4.8 million capital raising to fund the development of its Kalgoorlie North gold project.

Arafura, Raisama slash board numbers

Perth companies Arafura Resources and Raisama have both slashed the size of their board of directors, in order to cut costs as they continue long-running negotiations over the funding and development

IronClad boosts coffers by further $3m

IronClad Mining has announced a further $3 million capital raising to fund the development of the Wilcherry Hill iron ore project in South Australia.

Flinders gets court approval for takeover

Flinders Mines, owner of the Pilbara iron ore project in Western Australia, has received initial court approval for its $554 million takeover offer from Russia's Magnitogorsk Iron and Steel Works.

Blackgold buys Chinese barge company

Coal miner Blackgold International has acquired a Chinese barge transport business in a deal worth approximately $23 million.

Perth’s top PR firms take cream in year’s big plays

FTI Consulting and Professional Public Relations are the top financial PR firms in Perth, WA Business News’ annual corporate finance survey has found.

Neptune sells US diving arm

Neptune Marine says it has completed its restructuring of operations, selling off its US-based diving business to a US private equity firm.

Minemakers bids for UCL

Minemakers has launched an off-market, all-scrip takeover bid for its joint venture partner UCL Resources, which values the target at around $23 million.

Tap Oil sells out of Harriet JV

Tap Oil has washed its hands of any exposure to legal action surrounding the Harriet gas joint venture, selling its 12.2 per cent stake to a subsidiary of Apache Corporation for $10 million.

Paynes Find advances $4m capital plan

Paynes Find Gold has announced a $4 million capital raising plan to fund an exploration ramp-up at its tenements 420 kilometres northeast of Perth, following months of boardroom upheaval.

Lavan Legal and Maxim to merge

Perth law firms Lavan Legal and Maxim Litigation Consultants have announced plans to merge in April, creating by far the largest litigation practice in the state.

London firm, big WA players lead the pack with deals

Allen & Overy, Freehills and Allens Arthur Robinson have topped WA Business News’ inaugural corporate finance league tables for law firms.

Harvey Fresh acquires NSW processor

Harvey Fresh has acquired New South Wales-based juice processor Nugan Quality Foods for an undisclosed sum in an effort to grow its capacity to supply juice and concentrates to South East Asia.

Central raises $9.9m through placement

Central Petroleum has completed a $9.9 million capital raising to continue exploration efforts at its Amadeus Basin oil and gas prospects in the Northern Territory.